HomeMy WebLinkAboutGraycliff Estates Subdivision No. 2 Ada County Recorder Trent Tripple 2025-042360
Boise,Idaho Pgs=1 nolson 07/07/2025 04:17:52 PM
CITY OF MERIDIAN IDAHO$10.00
Electronically Recorded
NOTICE
SATISFACTION OF DEVELOPMENT SURETY AGREEMENT
and RELEASE OF WARRANTY SURETY
For
The Development Known As: Graycliff Estates Subdivision No. 2
Between
KB HOME IDAHO, LLC
And
CITY OF MERIDIAN
The Development Surety Agreement,recorded as Instrument# 2022-057746, entered by and between
the City of Meridian ("City"), a Municipal Corporation, and KB HOME IDAHO, LLC,
("Developer"), has been satisfied in accordance with the City's requirements.
Attached hereto is the City Engineer's letter confirming completion of all the required Public
Improvements set forth in the Agreement and the City's consent to release of the warranty surety.
ris Jrnson` � ..� lerk 7_7_2025
STATE OF IDAHO )
:ss
County of Ada )
On this 7th day of July 2025, before me, a Notary Public,
personally appeared Chris Johnson known or identified to me to be the City Clerk, respectively,
of the City of Meridian, who executed the instrument or knows the person who executed the
instrument on behalf of said City, and acknowledged to me that such City executed the same.
(SEAL) Notary Public for Idah
CHARLENE WAY Residing at: Meridian, 1*
COMMISSION No. 67390 Commission expires: 3-28-2028
NOTARY PUBLIC
STATE OF IDAHO
City of Meridian • 33 E. Broadway Avenue Meridian, ID 83642
Phone 208-888-4433• Fax 208-887-4813 • www.meridiancity.org
Mayor Robert E. Simison
City Council Members:
C�w IDIAN� Luke Cavener, President
Liz Strader,Vice President
Brian Whitlock
Doug Taylor
John Overton
Anne Little Roberts
July 7, 2025
Thomas Coleman — Division President
KB Home Idaho LLC
1299 N. Orchard St. Suite 201
Boise, ID 83706
RE: Graycliff Estates Subdivision No. 2 — Discharge from Warranty responsibility and Satisfaction
of Development Surety Agreement
Dear Thomas Coleman:
This letter is the final documentation from the on-site warranty inspection and the review of the
deliverables provided to the City for the above noted project.
The Public Works Department confirms that a warranty inspection has been performed and no
apparent non-compliant items currently exist. Therefore, we are discharging you from the two-year
warranty responsibility which commenced on the date of this project's formal acceptance letter.
We hereby also consent to the release of the Warranty Surety being held by the City during the term
of the warranty period and satisfaction of that certain Development Surety Agreement dated June 22,
2022 and recorded as Ada County Instrument No. 2022-057746. The City will record a notice of
satisfaction of the recorded Instrument and release of Warranty Surety.
Sincerely,
for
Warren Stewart, P.E.
City Engineer
cc. City Clerk
PW - Water Division
PW - Wastewater Division
PW - Construction Division
PW - Engineering
Community Development Dept.- File
Public Works Department . 33 E. Broadway Avenue, Suite 200,Meridian,ID 83642
Phone 208-898-5500 . www.meridiancity.org